Silvercorp Metals Inc (SVM) Scheduled to Post Quarterly Earnings on Wednesday

Silvercorp Metals Inc (TSE:SVM) will be issuing its quarterly earnings data after the market closes on Wednesday, November 8th. Analysts expect the company to announce earnings of C$0.07 per share for the quarter.

Silvercorp Metals Inc (TSE:SVM) traded up C$0.04 during mid-day trading on Monday, reaching C$3.24. 45,270 shares of the company traded hands, compared to its average volume of 278,008. Silvercorp Metals Inc has a 52 week low of C$2.82 and a 52 week high of C$5.90.

Separately, Roth Capital reaffirmed a “buy” rating on shares of Silvercorp Metals in a research note on Monday, August 28th.

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In other news, Director Rui Feng sold 33,000 shares of the firm’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of C$3.87, for a total value of C$127,710.00. Also, Director Yikang Liu sold 15,000 shares of the firm’s stock in a transaction dated Friday, August 25th. The shares were sold at an average price of C$3.50, for a total transaction of C$52,500.00. Insiders have sold a total of 115,000 shares of company stock worth $435,100 in the last three months.

About Silvercorp Metals

Silvercorp Metals Inc (Silvercorp) is a silver-producing Canadian mining company. The Company is engaged in the acquisition, exploration, development, and mining of silver-related mineral properties in China. The Company’s segments include Mining, including projects, such as Henan Luoning, Hunan, Guangdong and Other, and Administrative, which includes Beijing and Vancouver.

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